dividend
confidence high
sentiment positive
materiality 0.65
Minerals Technologies increases quarterly dividend 10% to $0.11, authorizes $200M buyback
MINERALS TECHNOLOGIES INC
- Dividend raised 10% to $0.11 per share; payable Dec 5, 2024 to holders of record Oct 31, 2024.
- New $200M share repurchase program authorized, effective immediately.
- Prior $75M buyback program was completed in October 2024.
- CEO cites Board confidence in financial strength and commitment to shareholder returns.